Bounce On Support And New Stimulus Talks

SP-500

• Hit Support, Should Have a Bounce Up
• Break Above 1320 Would Be Bullish
• Break Below 1260 Would Be Bearish - Here Is Where I Sit
• New Stimulus Talks Are On The Table - Giving Bulls Fuel 
• If We Get Another Stimulus
• $130 Oil
• $1800 Gold 
• $60 Sliver
• Could Get A Short Term Bounce In Market Up to 1400+ In The S&P
• How Long Do You Think Our Economy Will Last At $130 Oil
• Already Seeing The Cracks At $100 Oil

Where Did All The Bulls Go?

SP-500

• Market Should See A Bounce On The Mid-line @ 1275
• If There Is No Bounce, Market Could Go In Free Fall Mode
• Fed Talks Tomorrow, Could Give The Bulls Some Fuel

XLF

• Bulls Need The Banks To Turn Around
• XLF Has Broken All MDA Support
• Banks Will Lead The Market

Margin Debt

Chart From Dshort.com

• Need To See A Turn Around SOON In The Market
• Could Get UGLY!
• QE3 Maybe?